Tap Real Estate Technologies (RWAX) Asset Utilization Ratio (2022 - 2024)

Tap Real Estate Technologies' (RWAX) quarterly Asset Utilization Ratio came in at 0.39 in Q3 2024, down 19.53% year-on-year from 0.48 in Q4 2023, and little changed quarter-over-quarter from 0.39 in Q2 2024.

Tap Real Estate Technologies (RWAX) Asset Utilization Ratio (2022 - 2024) Analysis & Trends

Tap Real Estate Technologies has disclosed Asset Utilization Ratio across 3 years of filings, most recently posting 0.39 for Q3 2024.

  • Asset Utilization Ratio for Q3 2024 came in at 0.39, down 19.53% year-over-year; the trailing twelve-month figure through Sep 2024 was 0.39 (down 19.53% YoY), and the FY2023 annual result was 0.38, up 506.66% from the prior year.
  • Asset Utilization Ratio came in at 0.39 for Q3 2024 at Tap Real Estate Technologies, roughly flat from 0.39 in the prior quarter.
  • In the past five years, Asset Utilization Ratio ranged from a high of 0.87 in Q4 2023 to a low of 0.06 in Q3 2022.
  • The 3-year median for Asset Utilization Ratio is 0.39 (2024), against an average of 0.37.
  • Across the five-year window, Asset Utilization Ratio soared 751.19% in 2023 and decreased 19.53% in 2024, its largest moves.
  • Tap Real Estate Technologies' Asset Utilization Ratio stood at 0.15 in 2022, then jumped by 483.78% to 0.87 in 2023, then slumped by 55.17% to 0.39 in 2024.
  • The last three Asset Utilization Ratio figures came in at 0.39 (Q3 2024), 0.39 (Q2 2024), and 0.52 (Q1 2024), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Asset Util. (Qtr)
1 IHS Holding 45.03 Bn 44.04 Bn 231.80 186,318.31
2 Cbre 38.54 Bn 37.33 Bn 1.85 Bn 1.38
3 Costar 14.00 Bn 12.72 Bn 701.00 Mn 0.33
4 Jones Lang Lasalle 13.85 Bn 13.53 Bn - 1.50
5 KE Holdings 7.04 Bn 4.80 Bn 661.06 Mn -
6 Compass 5.66 Bn 5.19 Bn 2.31 Bn 1.72
7 Opendoor Technologies 4.24 Bn 4.17 Bn 72.00 Mn 1.66
8 Cushman & Wakefield 3.11 Bn 2.51 Bn 420.70 Mn 1.38
9 Newmark 2.67 Bn 2.62 Bn - 0.67
10 Tap Real Estate Technologies - - - -

Historic Data

Download Data
DateValue
Sep 30, 2024 0.39
Jun 30, 2024 0.39
Mar 31, 2024 0.52
Dec 31, 2023 0.87
Sep 30, 2023 0.48
Jun 30, 2023 0.31
Mar 31, 2023 0.21
Dec 31, 2022 0.15
Sep 30, 2022 0.06